PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Hon Hai (2317 TT) formed a strategic partnership with SAP (SAP GY) to accelerate the adoption of next-generation enterprise AI applications in the Asia Pacific region

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PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Hon Hai (2317 TT) formed a strategic partnership with SAP (SAP GY) to accelerate the adoption of next-generation enterprise AI applications in the Asia Pacific region

[MARKET UPDATE] Asia-Pac stocks decline as the region follows suit to the losses stateside where the major indices suffered amid higher oil prices and yields following energy infrastructure attacks in the Middle East and hawkish Powell comments

HSBC (5 HK) mulls deep job cuts from multi-year AI-fuelled overhaul

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TAIWAN

Hon Hai (2317 TT) - Co. formed a strategic partnership with SAP (SAP GY) to accelerate the adoption of next-generation enterprise AI applications in the Asia Pacific region. (Taipei Times)

Tech - Industry association SEMI Taiwan said Taiwan’s semiconductor companies are not facing imminent supply disruptions of vital chemicals or raw materials due to the war in the Middle East, but warned that surges in material costs loom large. (Taipei Times)

SINGAPORE

Singapore Telecommunications (ST SP) - Co. announced ‘momentary connectivity issues’ were resolved after users faced issues for a third day in a row. (Business Times)

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